A corporation's operating profit margin is equal to A) net income divided by sales. B) sales ...

Author Question: A corporation's operating profit margin is equal to A) net income divided by sales. B) sales ... (Read 98 times)

bcretired

Hero Member
Posts: 525

on: Jul 11, 2018

A corporation's operating profit margin is equal to

A) net income divided by sales. B) sales divided by EBIT.
C) EBIT divided by sales. D) EBIT divided by net income.

Question 2

A homeowner that owes more on his/her mortgage than the home is worth is said to be under
water.

Indicate whether the statement is true or false

Foundations of Finance ¦ Keown, Petty, Martin ¦ 9^th Edition

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apple

Sr. Member
Posts: 352

Reply #1 on: Jul 11, 2018

Answer to Question 1

C

Answer to Question 2

TRUE

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